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1:23 At the start of last spring, restaurant demand collapsed and niche food trends emptied certain grocery shelves. Those small changes shifted the entire market for farmers.
But soon enough, supply and demand evened out and farmers responded. The prices potato farmers receive for their crop rebounded and so did those for milk jumping from near-record lows in the spring to near-record highs late summer.
“We had very good prices at the end of the year,” said Garth Taylor, an agricultural economist at the University of Idaho, “and we had a lot of very good yields.”
Some sugarbeet farmers in Idaho saw record yields in their fields and extremely high sugar content in the beets, too. ....
There are serious flaws in the environmental offsets being used to compensate for the new western Sydney airport now under construction in Badgerys Creek, a Guardian Australia investigation has found. All up, 1,780ha of bushland will be razed to make way for the new travel hub – an area bigger than the Adelaide CBD. In theory, offsets allow developers to compensate for the damage they cause in one area by undertaking work to deliver an equivalent or greater environmental benefit in another. But the site chosen by the federal government to offset the airport is an example of what’s known by experts as “double-dipping” – it had already been earmarked for permanent environmental protection. There will be no new conservation reserves created in western Sydney to compensate for the damage caused by the massive new development. ....
February 3, 2021 Idaho farmers and ranchers earned record profits last year, despite disruptions related to the coronavirus pandemic. University of Idaho economist Garth Taylor shared the good news with the Senate Agricultural Affairs Committee on Tuesday. “Net farm income (in 2020) broke the all-time record in a COVID year,” Taylor said, adding it was up 38 percent, to 3.5 billion dollars. Revenues were boosted by a record $646 million in government farm payments, Taylor said. That’s about four times higher than the 10-year average, largely because of nearly $500 million in federal payments through the Coronavirus Food Assistance Program. It didn’t look to be a record-setting year last spring, when the coronavirus pandemic disrupted supply chains across the nation. But by the fall, farmers were seeing higher prices and good yields for a variety of crops. Sugar beet producers, for example, reported average yields of 40 tons per acre, with sugar content of ab ....